Chamber agrees with ANCYL objective, but not with mechanisms

The Chamber of Mines (CoM) of South Africa on Thursday said it agreed in principle with the African National Congress Youth League’s (ANCYL’s) objectives to reduce poverty, inequality and to create jobs for the youth, but said it did not...

Chamber says black ownership of member mines at 28%

CAPE TOWN - South Africa's Chamber of Mines (CoM) said black ownership among its members averages 28 percent and already exceeds State-mandated targets-politically charged findings that are at odds with anything the government has said to date....

SA gold wage negotiations to resume on Wednesday

South African trade unions representing gold miners would resume wage negotiations with the Chamber of Mines (CoM) on Wednesday. CoM spokesperson Jabu Maphalala told Mining Weekly Online that negotiations in the gold sector were on track. Gold...

South Africa's gold production rises 3.4% y-on-y

South Africa’s gold production for the first quarter increased by 3.4% year-on-year to 44 682 kg, but fell some 9.3%, when compared with the 2010 fourth quarter output, the Chamber of Mines (CoM) said on Friday. CoM senior executive Roger...

Chamber stresses importance of mining to SA growth

South Africa would be able to reach its targeted 6% to 7% growth by prioritising the right economic sectors and creating the right policy environment for them to grow in, the Chamber of Mines (CoM) said on Friday. South Africa’s mining industry...

SA open for business – Shabangu

As South African business, government and organised labour addressed the Prospectors and Developers Association of Canada (PDAC) convention in Toronto, the overriding message was clear: the country is open for business. Chamber of Mines (CoM)...

CoM says Transnet CEO appointment will benefit mining sector

South Africa’s Chamber of Mines (CoM) on Thursday said that Brian Molefe’s appointment as freight logistics group Transnet’s CEO held mutual benefit for the State-owned enterprise and the country’s mining industry. CoM CEO Bheki Sibiya...

SA Chamber of Mines repeats 'emphatic' opposition to nationalisation

South Africa's Chamber of Mines (CoM) on Friday said it was “encouraged” by statements made by Minister in the Presidency Trevor Manuel on the issue of mine nationalisation, and said that the chamber and its members remain “emphatically...

Miners willing to assist in finding AMD solution – Chamber

South Africa's Chamber of Mines (CoM) was prepared to assist the government in finding acid mine drainage (AMD) solutions that would deal with underground flooding and eliminate potential harm to people, in a sustainable way. "We wish to express...

Diliza releasing Chamber's CE reins to incoming Sibiya

The South African Chamber of Mines (CoM) on Monday set an executive succession example by easing new CE-designate Bhekokuhle "Bheki" Sibiya into position, while simultaneously retaining the services of incumbent CE Mzolisi Diliza for another six...

MINING PERSONALITIES

South Africa's Chamber of Mines (CoM) last week elected Exxaro CEO Sipho Nkosi (extreme right) as its president for a third term. With Nkosi are De Beers Consolidated Mines MD David Noko, who was re-elected as vice-president, Mineral Resources...

Nationalisation call based on mining being ‘gem in SA crown' – Chamber

The underlying logic of the call to nationalise South Africa's mining industry was the mining sector's status as "a precious gem in our country's sovereign crown", Chamber of Mines (CoM) president Sipho Nkosi said in Johannesburg on Tuesday....